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The NEW Enslavement of America started with the NEW Deal -- modern mortgages
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[quote:Anonymous Coward 1667343:MV8yMDUyMTcxXzM0NDkwNDg3XzM5QUU0NEVC] http://www.investopedia.com/terms/f/fhlb.asp#axzz2CJQQgS6H Definition of 'Federal Home Loan Bank System - FHLB' An organization created by the [b]Federal Home Loan Bank Act of 1932 [/b]to increase the amount of funds available for lending institutions who provide mortgages and similar loan agreements to individuals. This system was created in response to the depressive economic conditions of the era, which had impaired the U.S. banking system. Also referred to as the "FHL Bank System". [/quote]
Original Message
[
link to www.ehow.com
]
The New Deal
The effects of the Great Depression forever changed the landscape of real estate finance. After tens of thousands of people lost their homes to foreclosure, the New Deal legislation of the 1930s produced the
Federal Home Loan Banking System
, the
Federal Housing Administration
and the
Public Housing Act of 1937
. All were involved with helping the average American secure affordable housing.
[
link to en.wikipedia.org
]
[
link to www.hud.gov
]
[
link to www.bostonfairhousing.org
]
[
link to portal.hud.gov
]
And THEN during the Clinton Administration -- they did it AGAIN...
[
link to en.wikipedia.org
]
[
link to www.time.com
]
[
link to www.thedailybeast.com
]
Strange how the new socialist democrats are behind it all...
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